The expansion of quiz rooms in France: An opportunity to seize
Setting up a trampoline park is an exciting project, but it requires careful financial planning. For those looking to embark on this entrepreneurial adventure, understanding the different financing options is essential. Our experts will guide you through the various financing methods.
Preparing your funding application
The first step in securing funding is preparing a solid business plan. Storkeo now offers a free feasibility study for leisure park projects. Benefit from our expertise, gained from working with hundreds of partner parks. This includes an estimate of your business costs and the necessary construction work. It also includes a preliminary layout of the activities and our recommendations for your trampoline park (fire department evacuation, alarm system, etc.). This approach will provide you with real added value when you submit your application.
This application must include a detailed business plan , a thorough market study , and a realistic financial projection . These documents are crucial for demonstrating the viability and profitability of your project to potential investors.
It is highly recommended that you prepare your business plan with a chartered accountant. Most offer this service to attract you as a client when you open your business.
On average, a trampoline park generates €50,000 to €90,000 in revenue per month. It is therefore essential that the business plan be well-designed to highlight the unique aspects of your trampoline park, such as its location, its unique services, and its growth potential.
Possible financing options for your trampoline park
There are several ways to finance your trampoline park. Whatever you choose, it's important to have a trusted contact who knows the industry and can offer you the best possible solutions. Using a leisure agent can be a wise choice to benefit from personalized, fast, and reliable support for financing your trampoline park construction project.
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Bank loans
Bank loans are often the first option for financing a business project. To convince banks, it's essential to present a complete and compelling application. This application must demonstrate your ability to repay the loan. It's also important to understand the different types of loans available, their interest rates, and the required guarantees to make the best choice based on your situation and available resources. Explore each bank's website thoroughly and gather as much information as possible so you have all the facts when you meet with your advisor.
💡 Note: “Setting up a trampoline park is an exciting project but requires careful financial planning. For those looking to embark on this entrepreneurial adventure, understanding the different financing options is essential.”
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Leasing
Leasing represents a strategic and advantageous method, often overlooked by the general public, for structuring a solid financial plan. This approach allows you to finance any item with a serial number, extending well beyond the immediate needs of your business. It also encompasses furniture and other essential equipment, often neglected during the initial planning of a new fleet. This judicious financing choice can play a crucial role in the success and economic viability of your project.
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Investors
Attracting private investors is another viable option. These investors can be individuals or groups interested in your company's growth potential. It's important to understand that it takes four to six years for an investment to reach profitability. In exchange for their investment, they will often request a stake in the company. To entice them, it's crucial to present an innovative project and demonstrate an attractive return on investment.
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Subsidies and grants for trampoline parks
Various government and private grants and subsidies are available to support innovative projects such as trampoline parks. These can take the form of direct subsidies, tax credits, or support in the form of advice and training. It is important to contact local and regional authorities to find out what assistance is available.
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Franchise
Opting for a franchise can also be an attractive financing solution. By joining an established franchise, you can benefit from the expertise and brand name , as well as easier access to financing , thanks to the franchise's partnerships with financial institutions.
You will always be advised to explore all other options before contacting a franchise.
How to choose the right financing to build a trampoline park?
The choice of financing depends on several criteria: the amount needed, your risk tolerance, and your long-term objectives. It is important to fully understand the advantages and disadvantages of each option. For example, a bank loan may be less risky but requires collateral, while investors can offer more capital but will require a controlling stake in the company.
In our experience, the best approach is to use a hybrid format. Depending on the amounts involved, it is sometimes necessary to combine different financing methods (leasing, traditional banking, etc.). The goal is to mitigate the risks for each of the banking partners.
In conclusion, financing a trampoline park is a process that requires rigor and a good understanding of the various financing options available. It is essential to prepare your application thoroughly, evaluate all the options, and choose the one that best suits your project and objectives. The Storkeo team will be happy to assist you by providing as much information and advice as possible. Also, check out our article on “how to open a trampoline park” for further, more detailed information.
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